Independent Commission on Banking to unveil 'ring fence'
How UK banks should ring-fence operations deemed vital for the UK economy is set to be detailed by the Independent Commission on Banking.
After a 14-month review, the commission is expected to recommend banks separate their high street businesses from their riskier financial markets businesses.
The split is intended to prevent the government having to bail out banks in a future financial crisis.
Joe Lynam reports.
12 Sep 2011
- From the section Business